Market Share of Airport Baggage Handling Systems Industry
The airport baggage handling systems market is semi-consolidated, with few players holding significant shares in the market. Some of the prominent players in the market are Siemens AG, SITA, Beumer Group, Vanderlande Industries, and Leonardo SpA.
These companies have expanded their presence in various regions through partnerships with airport authorities and airlines. For instance, in December 2022, TSA launched a high-tech baggage handling system at Denver International Airport. The Checked Baggage Inspection System (CBIS) features a complicated network of conveyor belts that sort and track the luggage through the security screening process. The cost of the system was nearly USD 160 million. As the market demand improves with the growth in passenger traffic, it is expected that the smaller players are expected to gain a competitive advantage to cater to customers' needs.
Airport Baggage Handling System Market Leaders
Siemens AG
SITA
BEUMER GROUP
Vanderlande Industries Holding B.V.
Leonardo S.p.A
*Disclaimer: Major Players sorted in no particular order
